NVDA at a major turning point right now, we have just passed recent liquidity and just finished our second pullback. Market opened bullish over recent monthly pivot point (221.41) and is hitting our yearly resistance here as well. Depending on whether we end bullish or bearish on market close, we could be having a strong reversal or continuation.
Note
We could actually expect to see a huge pullback depending on whether or not we open bearish or not tommorow. This would be the real first significant pullback following the recent head and shoulders pattern.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.